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. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i am willing to find way to bring down the cost of health care without hurting seniors and other american who is depend on it. i am willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> his talks came after speaker of the house john boehner reported the talks are stalled. >> there is no progress to report. >> his democratic counterpart, pelosi, blames bangle they returned an -- blames boehner. >> they returned an empty letter lacking in specifics. >> federal income tax rates will go back up to the higher clinton era levels and long term unemployment benefits will dry up for over 2 million americans who have been out of work for six months or more. on friday bade boehner did not rule out a compromise on tax hikes for top earner, somewhere between 25% and the clinton era 36%. even if the two sides are making progress behind the
. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i am willing to find way to bring down the cost of health care without hurting seniors and other american who is depend on it. i am willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> his talks came after speaker of...
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Dec 8, 2012
12/12
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the thing that a lot of people worry about in private is him and obama will cut a deal in late december negotiations. but boehner has been making tough calls. when it comes down to it he's going to agree to something with the president and it is not going to be able to pass his own conference. do you have any sense of what you think he's able to do and not do at this point? >> we come back again to the entitlement question. it's going to be easier for the caucus to swallow some tax rate increase if they have something to show for it. and the irony here, on a whole variety of issue, the democrats should be in favor of certain kinds of entitlement reforms. it's not actually that big of a give. on social security, as an example, democrats have won for the time being on privatization being completely off the table. there's a strong argument for trying to lock that in now as oppose eed to waiting and having that potentially come back. in addition, one of the big concerns here is doing too much fiscal austerity too soon. the more you did in the form of social security chrks can be phased in g
the thing that a lot of people worry about in private is him and obama will cut a deal in late december negotiations. but boehner has been making tough calls. when it comes down to it he's going to agree to something with the president and it is not going to be able to pass his own conference. do you have any sense of what you think he's able to do and not do at this point? >> we come back again to the entitlement question. it's going to be easier for the caucus to swallow some tax rate...
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Dec 10, 2012
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they want major cuts in entitlement programs in return. tahman bradley joins us from washington with more. >> reporter: sunny and john, good morning. with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >> there's a growing group of folks looking at this and saying, we don't have a lot of cards in regards to the tax issue. >> reporter: some are open to more tax revenues. the two parties seem to be closer on entitlement, with one leading democrats saying he's open to means testing for medicare. >> i do believe there should be means testing. those of us with higher income and retirement should may more. >> reporte
they want major cuts in entitlement programs in return. tahman bradley joins us from washington with more. >> reporter: sunny and john, good morning. with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet...
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. >> does this mean that president obama sort of holds all the cards not just with spending cut, but on the tax cuts as well? >> all of these i'm going to stand my ground, they're not working anymore. these pledges, they're not working right now. a lot of them are going to recognize they can't get a big victory right now. >> let's look at a "washington post" poll, it shows who americans where really going blame if we got off the fiscal cliff. 53% say republicans in congress, 27% say president obama. 17% say it's both. what do republicans have in this battle? they really don't have much leverage, do they? >> the democrats faced the same thing in 2000, when george w. bush got elected, they realized they were going to have to scale back and do what he wanted hem to do. they're going to ask for entitle been reform. >> and this is going to happen on december 31st at 11:59? >> boehner and obama are meeting today for a reason because they know they have to do the chest beating inside and out. please, obama's begging, boehner's begging, they're going to finish this up. >>> a popular mexican
. >> does this mean that president obama sort of holds all the cards not just with spending cut, but on the tax cuts as well? >> all of these i'm going to stand my ground, they're not working anymore. these pledges, they're not working right now. a lot of them are going to recognize they can't get a big victory right now. >> let's look at a "washington post" poll, it shows who americans where really going blame if we got off the fiscal cliff. 53% say republicans in...
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Dec 13, 2012
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obama cut medicare by $716 billion, which the democrats call savings. >> get back to medicare. and lengthen the strength for at least a decade. as well as increasing benefits now. we have addressed entitlements. >> the trust fund for the hospital cost runs out of official money in 20424 so it has to be changed to be saved. bret? >> more on that in a series next week. jim, thank you. still ahead could this be the next penn state? the head of a huge fraternal organization is accused of child sexual assault. years ago, my doctor told me to take a centrum silver multivitamin every day. i told him, sure. can't hurt, right? then i heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a fo
obama cut medicare by $716 billion, which the democrats call savings. >> get back to medicare. and lengthen the strength for at least a decade. as well as increasing benefits now. we have addressed entitlements. >> the trust fund for the hospital cost runs out of official money in 20424 so it has to be changed to be saved. bret? >> more on that in a series next week. jim, thank you. still ahead could this be the next penn state? the head of a huge fraternal organization is...
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Dec 10, 2012
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they want major cuts in entitlement programs in return. tahman bradley joins us from washington with more. >> reporter: sunny and john, good morning. with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >> there's a growing group of folks looking at this and saying, we don't have a lot of cards in regards to the tax issue. >> reporter: some are open to more tax revenues. the two parties seem to be closer on entitlement, with one leading democrats saying he's open to means testing for medicare. >> i do believe there should be means testing. those of us with higher income and retirement should may more. >> reporte
they want major cuts in entitlement programs in return. tahman bradley joins us from washington with more. >> reporter: sunny and john, good morning. with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet...
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Dec 6, 2012
12/12
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WUSA
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that's what they here after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. a poll shows nearly half of those ads say it's time to end talks cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes? >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members o
that's what they here after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. a poll shows nearly half of those ads say it's time to end talks cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes? >> is the administration prepared to go...
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Dec 10, 2012
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if the mission is not a success, if obama had cut back and never speaks about this, this is never in consciousness of the nation there has never been war in our history where a president speaks less about and garners less support of behalf of real, on going operation where americans are dying. if that is our mission, which is minimal, getting out, why are the brave soldiers dying? >> bret: juan? >> i don't think it's the democrats that are not talking about the war. go to republican convention. the nominee didn't talk about afghanistan. i think real issue here is what can the united states rationally expect to accomplish before leaving. we have been there ten years and now the white of our tails show as we run away. we have been there. it's cost us lives and cost us another life. you can see that a good american doctor was there trying to help in terms of the rural clinic. no shortal of american commitment to afghanistan. the problem is not only americans but people who come before tried to stay and we have seen results. there is no way that any foreign force is going to set the futu
if the mission is not a success, if obama had cut back and never speaks about this, this is never in consciousness of the nation there has never been war in our history where a president speaks less about and garners less support of behalf of real, on going operation where americans are dying. if that is our mission, which is minimal, getting out, why are the brave soldiers dying? >> bret: juan? >> i don't think it's the democrats that are not talking about the war. go to republican...
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Dec 9, 2012
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. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker john boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart, nancy pelosi, blames boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations 23 days before the deadline, when federal income tax rates will revert to higher clinton era levels, 2% payroll tax cuts will expire, and long-term unemployment benefits will dry up for over 2 million americans who have been out of work for six months or more. o
. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one...
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Dec 13, 2012
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can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, children laughing ] move to the country, d live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. often comes with a set of equally impressive instructions ? shouldn't something that's truly advanced, not need much explanation at all ? with the nokia lumia 822 on verizon, there's not much to learn because it's powered by windows...
can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, children laughing ] move to the country, d live a long, happy life together where...
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Dec 11, 2012
12/12
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obama wants $350 billn in entitlement cuts over the next ten years, mr. boehner wants $800 billion in entitlement cuts, and we're going to see a big, dramatic negotiation. and whatou and i is -- and all of our fellow americans are looking at is the prospect of a recession next year if the president and mr. boehner can't come to an agreement, as much as a 10% unemployment rate because both this president and the republican party, as you can see here, are playing at the margin. and the national media is not focusing on what the realy is. they're just playing games right in washingn.he folks in office andhis president is guilty of class warfare. fo what? for that? are you kidding me? president obama seems to love the drama. i thought he dn't like drama. but the reality iss there will e is little impa our fiscal future. and as nation, after all of the drama and whatever the outcome, we remain in geat jeopardy. because this isn't a fiscal future any of us, any of us wants. >>> morsi declares martial law in gypt and claims he's not a dictator. the obama mile ea
obama wants $350 billn in entitlement cuts over the next ten years, mr. boehner wants $800 billion in entitlement cuts, and we're going to see a big, dramatic negotiation. and whatou and i is -- and all of our fellow americans are looking at is the prospect of a recession next year if the president and mr. boehner can't come to an agreement, as much as a 10% unemployment rate because both this president and the republican party, as you can see here, are playing at the margin. and the national...
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Dec 7, 2012
12/12
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you have not answered the question why obama -- why you are supporting obama's reckless spending. he refuses to cut spending, he refuses to reform entitlements. if he is it, we go back up -- >> sean has been -- let me say, i'm not supporting anybody's reckless spending. i want to make a note for the audience sean hannity has been an honest man. he said he condemned when the prescription drug benefit was pass bid republicans without funding. when we had two wars on the books without funding. so now you build up the terrific debt and you want to blame obama. how crazy is that? >> stop with the blame bush game, juan. >> no, no. >> i'm tired of it. >> the deficit under bush with two wars raging in 2007 was $161 billion. if we hadn't -- if bush hadn't done his prescription drug entitlement then it was much more -- >> juan, juan, we've got to go. >> republicans never said yes to continuous spinning and baling out wall street here. >> coming up -- thank you going. frightening youtube video you have to see to believe. anarchists calling for violence against american institutions and later
you have not answered the question why obama -- why you are supporting obama's reckless spending. he refuses to cut spending, he refuses to reform entitlements. if he is it, we go back up -- >> sean has been -- let me say, i'm not supporting anybody's reckless spending. i want to make a note for the audience sean hannity has been an honest man. he said he condemned when the prescription drug benefit was pass bid republicans without funding. when we had two wars on the books without...
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Dec 9, 2012
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number three, obama wants spending cuts deferred. g.o.p. wants specific cuts agreed to now. number four, g.o.p. wants wide entitlement cuts. obama says no. i will give you another one. number five, obama wants new stimulus money, the g.o.p. says no. >> okay, which one, what do you want me to address? >> i want to know whether those are all resolvable before the new year? >> yes, this re resolvable. on the debt limit, it was a republican idea when president bush was in the power to raise the debt limit, which is to pay bills that have already been accrued, and that the congress could override it. the congress could object. and mitch mcconnell put that bill forward on the floor this week, thinking he was going to embarrass democratic leader reed, and reed said let's go ahead and vote. it and so then mcconnell filibustered his own bill because he got afraid the democrats had the votes for it. so that's the kind of maneuvering that is going on. childish. >> yes, childish. very childish. former republican majority leader trent lott told cnn's anderson cooper how he had a working
number three, obama wants spending cuts deferred. g.o.p. wants specific cuts agreed to now. number four, g.o.p. wants wide entitlement cuts. obama says no. i will give you another one. number five, obama wants new stimulus money, the g.o.p. says no. >> okay, which one, what do you want me to address? >> i want to know whether those are all resolvable before the new year? >> yes, this re resolvable. on the debt limit, it was a republican idea when president bush was in the...
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Dec 8, 2012
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president obama want congress to cut a check for $60 billion in aid to hurricane sandy victims. house leadership hopes to get the money flowing fast. >>> video captures a 7.3 quake off the coast of japan. several people were reportedly hurt. >>> and sad news from the london hospital where kate middleton was treated. a nurse who fielded it the call that was a hoax call has taken her own life. she was a first-class nurse, says the hospital. back to "hardball." >>> well, this isn't a progress report because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> welcome back to "hardball." that was speaker boehner's downbeat assessment of fiscal negotiations. he went on putting blame squarely on the president. let's listen. >> this president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious, to come back to us with a counteroffer. >> shortly after, house minority leader nancy pelosi put
president obama want congress to cut a check for $60 billion in aid to hurricane sandy victims. house leadership hopes to get the money flowing fast. >>> video captures a 7.3 quake off the coast of japan. several people were reportedly hurt. >>> and sad news from the london hospital where kate middleton was treated. a nurse who fielded it the call that was a hoax call has taken her own life. she was a first-class nurse, says the hospital. back to "hardball."...
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Dec 5, 2012
12/12
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president obama rejected the latest proposal from john boehner. the president and the democrats are focused on revenue and they are determined to make sure that the top tax rates go up. >> unfortunately, the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> harry reid wasted no time explaining why the boehner proposal is not serious. >> math. you can't get from here to there unless you raise the rates. that's why romney couldn't explain it during the presidential election. no one can explain it because you can't do it. >> jay carney says the speaker's plans raises more questions than answers. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and ferry dust. >> john boehner's heavy-handed approach to leadership, boehner and the republican steering committee kicked four republican congressmen out of the
president obama rejected the latest proposal from john boehner. the president and the democrats are focused on revenue and they are determined to make sure that the top tax rates go up. >> unfortunately, the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> harry reid wasted no time explaining why the boehner proposal is...
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Dec 9, 2012
12/12
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that's what president obama -- he's been saying to republicans here and there, i'm willing to put more on the table but pour the moment, democrats are saying don't touch social security, don't cut medicare. this will come down to whoever blinks first on tax rates. republicans are going to bend on tax rates. maybe not $250,000 threshold, maybe closer to a million. but until that happens we won't see progress but obama will have to deal with problems on his left. he has to put entitlement reform, maybe raising the age of medicare down the road. >> when we look towards the beginning of the year and inauguration and seating of new congressional members, you'll have about 90 new folks that have been elected to get involved in this. is there a partial solution before that? and what changes do you expect given the fact we'll have new voices? >> i definitely think new voices -- they're going to be -- whatever deal is reached this year, and i think there will be a deal up until new year's eve, then you have members who are leaving voting. that could round up the votes because they're leaving co
that's what president obama -- he's been saying to republicans here and there, i'm willing to put more on the table but pour the moment, democrats are saying don't touch social security, don't cut medicare. this will come down to whoever blinks first on tax rates. republicans are going to bend on tax rates. maybe not $250,000 threshold, maybe closer to a million. but until that happens we won't see progress but obama will have to deal with problems on his left. he has to put entitlement reform,...
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Dec 6, 2012
12/12
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and it is foolish to reject president obama's own self- described architecture of $3 in spending cuts for every dollar in new revenue. we are prepared to work and call on the white house to do the same thing. >> speaker boehner, president obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard above. -- how long can you afford politically to have those tax cuts? >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to put revenues on the table. the receive news we are putting -- of the revenues we are putting from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more -- more of their money to the federal government without raising the tax rates which we believe will harm our economy. >>\[inaudible question] >> i think our members understand the seriousness of faces. trillion d
and it is foolish to reject president obama's own self- described architecture of $3 in spending cuts for every dollar in new revenue. we are prepared to work and call on the white house to do the same thing. >> speaker boehner, president obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard above. -- how long can you afford politically to have those tax cuts?...
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darden announced that none of its full time employees will have their hours cut as a result of the new regulations. >>> well, believe it or not you'll be seeing more starbucks cafes popping up. the coffee chain is planning to add 1,500 locations in the next five years. more are planned for canada and south america as well. >>> and having the most watched youtube video in u.s. history sure can pay the bills. south korean pop star psi is set to make at least get this $8.1 million this year off of his hit song "gangnam style." that just is from the ads on his youtube video and sales of the song on itunes. terrell, we've got to get some itune singing/dancing thing going on. >> you sing i'll dance. >> i'll dance, you sing. >> you daenlt want me to dance. >> i think we want that. >> ashley morrison in new york. thank you so much. >>> in sports rack up another milestone for lakers superstar bryant. he seeks a jumper for his 30,000th career point. he's only the fifth player in nba history to do that. for the game bryant pumped in 29 points to help them take down the hornets. and a thriller in
darden announced that none of its full time employees will have their hours cut as a result of the new regulations. >>> well, believe it or not you'll be seeing more starbucks cafes popping up. the coffee chain is planning to add 1,500 locations in the next five years. more are planned for canada and south america as well. >>> and having the most watched youtube video in u.s. history sure can pay the bills. south korean pop star psi is set to make at least get this $8.1...
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Dec 12, 2012
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tell us where you want to cut, republicans. that's not what president obama ran on. he ran on raising the top tax rate for the top 2%. that's what he wanted to do and what he should focus on. >> let me play what the president said in a new interview with abc regarding taxes. let's play it. >> taxes are going to go up one way or the other. i think the key is to mick sure that taxes go up on high end individuals. we can afford it. it is entirely possible for us to come up with a deal, but time is running short. >> our team points out that we see the white house is being cautiously optimistic about a deal while the house republicans are cautiously pessimistic. we still have a ways to go. as you heard the president say, time is running out. what do we make. warning to house republicans that we could be working through the holidays s. that significant at this point? >> yeah. i think it's also darkest before the dawn and people have to freak out before they get ready to deal. it's not until the pressure is on and the deadline is upon us. people realize that it's going to b
tell us where you want to cut, republicans. that's not what president obama ran on. he ran on raising the top tax rate for the top 2%. that's what he wanted to do and what he should focus on. >> let me play what the president said in a new interview with abc regarding taxes. let's play it. >> taxes are going to go up one way or the other. i think the key is to mick sure that taxes go up on high end individuals. we can afford it. it is entirely possible for us to come up with a deal,...
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Dec 12, 2012
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they won't cut spending. i fear republicans are going to raise taxes to pay for president obama's spending. that's wrong. it's not going to work. that leads us over into a debt ceiling disaster and a possible downgrade of the credit rating. tracy: all we're good at is kicking the can. keep fighting the good fight. don't give up. >> we won't, thank you. tracy: good. we're like beckham, kick, kick. when we come back, is try -- is china trying to take over? a look of their moves inside the u.s.. president obama get his way or boehner or either? who knows. the results of a new report next. tracy: the future of our country hinging on our grdlocked congress. does that make you feel better? so far the fiscal plans put forth by the president and speaboehner simply wonnt cut it. a new report out find neither proposal reduces our debt enough to solve our economic crisis putting the country at, well, further risk for another downgrade. anybody want to talk abou august last summer in what will it take to get the house in
they won't cut spending. i fear republicans are going to raise taxes to pay for president obama's spending. that's wrong. it's not going to work. that leads us over into a debt ceiling disaster and a possible downgrade of the credit rating. tracy: all we're good at is kicking the can. keep fighting the good fight. don't give up. >> we won't, thank you. tracy: good. we're like beckham, kick, kick. when we come back, is try -- is china trying to take over? a look of their moves inside the...
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Dec 13, 2012
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this on a day when president obama said i have cut $1 trillion already in spending. that was part of last summer's budget deal. but he says that i am willing to do a lot more cuts in spending. you have a willingness to do spending cuts, a willingness from john boehner to raise revenues. however, we have been stuck on the details of this thing for the past two weeks here. the past three weeks or longer. the white house is putting an offer on the table. they were far apart in spending cuts. our part in revenues and the way they do increase tax revenues. republicans say no to any tax rate increase. how speaker john boehner says they will do it by limiting deductions next year. what the white house wants is an immediate tax rate increase on families earning more than $250,000 per year. they have been going round and round. there has been incredibly little progress in washington since the offers officers were first treated. with respect you could start to run up to christmas here. it could take up to three days to get something through the senate. republicans have to sell
this on a day when president obama said i have cut $1 trillion already in spending. that was part of last summer's budget deal. but he says that i am willing to do a lot more cuts in spending. you have a willingness to do spending cuts, a willingness from john boehner to raise revenues. however, we have been stuck on the details of this thing for the past two weeks here. the past three weeks or longer. the white house is putting an offer on the table. they were far apart in spending cuts. our...
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Dec 13, 2012
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the sticking point is not the tax rates, i think that real sticking point is cuts, democrats are not willing to put forward enough cuts to get republicans to say what they promised they would do, at least consider the rate going up. lou: this -- president comes with a dial, most recent counter offer, offer, i don't know why we are with him. has $2 of tax hikes for every well 70-cents of -- >> imaginary cuts. i suggestion that john boehner get a huge banner and wrap it around the capitol, "it's the spending, stupid." >> the truth is that tax receipts have risen, revenue for federal government has risen by 26%. 210, 2010, and 2011, there is room to perhaps give there. but, i have to ask you, am saying now. i was going to say, i think we're being gamed in a different way. i am now in school that believes this president doesn't to go over the cliff, also, i believe that republicans are now incentivized to go over the cliff, because they get two-for-one spending cuts and i believe that president is maintaining am bi ambiguity so s don't reaction. >> i believe there is a substantial truth,
the sticking point is not the tax rates, i think that real sticking point is cuts, democrats are not willing to put forward enough cuts to get republicans to say what they promised they would do, at least consider the rate going up. lou: this -- president comes with a dial, most recent counter offer, offer, i don't know why we are with him. has $2 of tax hikes for every well 70-cents of -- >> imaginary cuts. i suggestion that john boehner get a huge banner and wrap it around the capitol,...
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Dec 10, 2012
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on the first $250,000 of their income. >> well, what if the obama administration lets it happen? what happens to the average american family. joining us here, is congressman randy forbes, nice to have you on the show. >> thank you, governor. >> let me ask you something, do you feel that the president actually wants it to happen so it gives him some political advantage? >> well, governor, i just have to judge that by two things, first of all, what i'm hearing from my colleagues on the democratic leadership side and told me as late as last week, they wanted to go over the fiscal cliff because we've argued all along they'll start by simply taxing everybody above 200,000, but that will continue and this'll lower at that rate and limit and they told me they'd vote for everything that tax everybody above $150,000 and secondly you look at the president as actions. the president doesn't want an agreement or compromise, he wants to get his way and that's why he won't come to the table with any serious proposal and talk, because we could get a solution that everybody could live with. >> it
on the first $250,000 of their income. >> well, what if the obama administration lets it happen? what happens to the average american family. joining us here, is congressman randy forbes, nice to have you on the show. >> thank you, governor. >> let me ask you something, do you feel that the president actually wants it to happen so it gives him some political advantage? >> well, governor, i just have to judge that by two things, first of all, what i'm hearing from my...
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Dec 11, 2012
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they won't cut spending. i fear republicans are going to raise taxes to pay for president obama's spending. that's wrong. it's not going to work. that leads us over into a debt ceiling disaster and a possible downgrade of the credit rating. tracy: all we're good at is kicking the can. keep fighting the good fight. don't give up. >> we won't, thank you. tracy: good. we're like beckham, kick, kick. when we come back, is try -- is china trying to take over? a look of their moves inside the u.s.. president obama get his way or boehner or either? who knows. the results of a new report next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than
they won't cut spending. i fear republicans are going to raise taxes to pay for president obama's spending. that's wrong. it's not going to work. that leads us over into a debt ceiling disaster and a possible downgrade of the credit rating. tracy: all we're good at is kicking the can. keep fighting the good fight. don't give up. >> we won't, thank you. tracy: good. we're like beckham, kick, kick. when we come back, is try -- is china trying to take over? a look of their moves inside the...
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Dec 6, 2012
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conway distracts with negative ads to hide his support for obama care, which cuts medicare by $500 billion. >> that was 2010. fast forward to this year's election and the same principle carries through. each side tried to convince voters that the other guy wanted to take the hatchet to medicare. >> the biggest, coldest power play of all in obama care came at the expense of the elderly. $716 billion, funneled out of medicare by president obama >> my plan's already extended medicare by nearly a decade. their plan ends medicare as we know it. >> on medicare, for current retirees, he's cutting is $716 billion from the program. i can't understand how you can cut medicare $716 billion for current recipients of medicare. >> look, these guys haven't been big on medicare from the beginning. their party's not big on medicare from the beginning. folks, use your common sense. who do you trust on this? >> so, now, of course, given all the campaign rhetoric coming from both sides, we are on the other side of an election that proved that there is a bipartisan consensus, that it is bad to be the kind of p
conway distracts with negative ads to hide his support for obama care, which cuts medicare by $500 billion. >> that was 2010. fast forward to this year's election and the same principle carries through. each side tried to convince voters that the other guy wanted to take the hatchet to medicare. >> the biggest, coldest power play of all in obama care came at the expense of the elderly. $716 billion, funneled out of medicare by president obama >> my plan's already extended...
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Dec 10, 2012
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president obama leaves d.c. today, headed to michigan to talk to auto workers, part of his strategy to generate public support for his plan to avoid the fiscal cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like medicare. >> you know, they started their tango now, and any time you start a tango, you have to get it done. >> more republicans are accepting the idea that wealthy americans will get a tax raise hike. >> there are a group of folks looking at this realizing we don't have a lot of cards before year end. >> but others remain opposed to raising taxes on the top 2%. >> the president wants the rates to go up. that doesn't solve the problem, and we don't want to be back here in another year, another ten years trying to answer the quest
president obama leaves d.c. today, headed to michigan to talk to auto workers, part of his strategy to generate public support for his plan to avoid the fiscal cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like...
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it had spending increases, rather than spending cuts. and it wanted to have congress lose its role, in term terms of increasing the debt ceiling. none of that's probably going to happen. and i think to nick's point, it's a good point. if you go back and look. i worked for reagan years ago. reagan and tip o'neill would sit and work together. i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't
it had spending increases, rather than spending cuts. and it wanted to have congress lose its role, in term terms of increasing the debt ceiling. none of that's probably going to happen. and i think to nick's point, it's a good point. if you go back and look. i worked for reagan years ago. reagan and tip o'neill would sit and work together. i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i...
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and retailers. >>> president obama and john boehner are keeping mum on their face-to-face negotiations on sunday. as the clock ticks down it appears some republicans may be softening their stance. nbc's brian moore has the very latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that takes go up for the wealthy. >> will i accept a deal? >> yes. >> we don't have a lot of cards before year end. we have one house. that's it, the presidency and the senate. it's in the democrat's hands. >> since we agree with the democrats, 98% of the american people and 80% of the bush tax cuts, i would get that off the table now so they don't worry about it. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates 2%, you won't generate enough revenue to have meaningful deficit reductions. >> republicans want
and retailers. >>> president obama and john boehner are keeping mum on their face-to-face negotiations on sunday. as the clock ticks down it appears some republicans may be softening their stance. nbc's brian moore has the very latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by...
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if you look at a president obama's proposal on spending cuts, there are means cuts on that. i think we need both tax revenue and much more than tax reform will give us, we also need higher tax rates and we also need spending cuts and it has to be balanced. i'm optimistic about this, it seems to me they're coming to common ground here on the tax side and the spending side. >> right now when i'm with the dreath democrats they say no cuts in medicaid, no cuts? social security. >> they kind of don't matter at this point, right? >> they don't matter, but it is going to be, we talked so much about the politics within the republican party and within the republican caucus in the house. but talk to senior democrats and they will tell you, even rank and file democrats, emmanuelle cleaver is important because he's the tom cole of the left, but it's going to be hard for them to walk in at the democratic caucuses that you're going to have to give on raising eligibility for medicare. >> you know the deals that were made, as few as they were recently have not been from the right to the lef
if you look at a president obama's proposal on spending cuts, there are means cuts on that. i think we need both tax revenue and much more than tax reform will give us, we also need higher tax rates and we also need spending cuts and it has to be balanced. i'm optimistic about this, it seems to me they're coming to common ground here on the tax side and the spending side. >> right now when i'm with the dreath democrats they say no cuts in medicaid, no cuts? social security. >> they...
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Dec 6, 2012
12/12
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has talked about thus far, they couldn't pass either house of the congress. >> reporter: president obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a room full of ceos in washington today. >> i know that many of you have come down here to try to see, there a way we with break through the logjam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. >> reporter: and yet house speaker john boehner says the president hat not responded to republicans' latest proposal. >> that offer included significant spending cuts and reforms and it included additional revenue. and frankly, it was the balanced approach that the president has been asking for. >> reporter: perhaps the boehner-obama phone call has moved things along. >> there is lots of activity looking at options. what we don't have is a meeting of the mind. this will require a difficult compromise on all sides to get the job done. >>> also this morning, the developing crisis in syria. unnamed u.s. officials say the syrian army has loaded dead
has talked about thus far, they couldn't pass either house of the congress. >> reporter: president obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a room full of ceos in washington today. >> i know that many of you have come down here to try to see, there a way we with break through the logjam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. >> reporter: and yet house...
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Dec 10, 2012
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two met behind closed doors and focused on trying to hammer out a deal over tax hikes and spending cuts. president obama's core demand is putting the top marginal income rates back to clinton era levels after december 1st while the house speaker delivered a proposal that offered up to $800 billion in new revenue from closing loopholes and capping deductions for wealthier americans. however, democrats insist the speaker's plan is not enough. >> fox 5 political analyst mark plotkin joining us now to help sort out what went on between the president and house speaker john boehner today. it was looking pretty hopeless friday, now this, so what has actually changed? >> this is actual progress. you remember house speaker boehner said i'm here to give you a progress report. that was on friday, no progress and now they're actually meeting and you're hearing from republican senators and these are not far left wing republicans like senator corker of tennessee and senator colburn. you can't get any more conservative from oklahoma and congressman tom cole of oklahoma saying look, maybe these rate in
two met behind closed doors and focused on trying to hammer out a deal over tax hikes and spending cuts. president obama's core demand is putting the top marginal income rates back to clinton era levels after december 1st while the house speaker delivered a proposal that offered up to $800 billion in new revenue from closing loopholes and capping deductions for wealthier americans. however, democrats insist the speaker's plan is not enough. >> fox 5 political analyst mark plotkin joining...
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Dec 10, 2012
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the meeting between president obama and john boehner -- >> the president is trying to do two things. he is trying to both reopen negotiations, direct negotiations between him and the house speaker, the deal be struck between them. at the same time he is going to michigan tomorrow, where he will make the same case to autoworkers, the same types of middle-class people who helped him get elected in the industrial midwest. >> democrats are seen to have the most leverage in negotiations. it seems the options for republicans are narrowing. >> president obama has said he will not make a deal without an increase in the tax rates on people who make more than $250,000, which is something that republicans refuse to do. they want -- do not want to raise tax rates on anyone. as senator corker of tennessee said -- president obama holds the cards. >> what do you think his opinion represents? is this just one senate republican, or does this show kind of a shift in attitude among republicans? >> it certainly shows -- a number of republicans are looking to make a deal with the president. but until spe
the meeting between president obama and john boehner -- >> the president is trying to do two things. he is trying to both reopen negotiations, direct negotiations between him and the house speaker, the deal be struck between them. at the same time he is going to michigan tomorrow, where he will make the same case to autoworkers, the same types of middle-class people who helped him get elected in the industrial midwest. >> democrats are seen to have the most leverage in negotiations....